As previously reported, California may soon pass the most stringent Environmental, Social, and Governance (“ESG”) disclosure requirements in the nation, surpassing even the current U.S. Securities and Exchange Commission (“SEC”) proposed rules.
Since the California Climate Corporate Data Accountability Act (aka “SB 253”) was introduced by Senator Scott Wiener, it has undergone several changes.
The US Environmental Protection Agency (EPA) recently proposed a significant addition to its Renewable Fuel Standards (RFS) program—the renewable electricity RIN (eRIN). The eRIN is a new kind of renewable identification number (RIN) obligated parties could obtain to meet their renewable volume obligations and comply with the RFS program.
Under the current RFS program, obligated
The California Climate Corporate Data Accountability Act (“SB 253”) was recently introduced and passed the state’s Senate Environmental Quality Committee on March 15, 2023. SB 253 aims to broaden Environmental, Social, and Governance (“ESG”) state disclosure requirements, targeting high earning companies. A similar emissions disclosure bill, the Climate Corporate Accountability Act, failed to pass the
Last month, the Environmental Audit Committee (‘EAC’) launched an inquiry into a potential future carbon border adjustment mechanism (‘CBAM’) for the UK. The objective of introducing a CBAM would primarily be to address the risk of carbon leakage in the UK industrial sectors caught by the nascent UK Emissions Trading Scheme (‘UK ETS’), i.e. switching
On 23 September, the European Commission took a step towards consumers’ convenience and minimising the environmental footprint associated with the production and disposal of chargers. A proposal to amend the Radio Equipment Directive 2014/54/EU (RED) aims to make a single charger for mobile devices mandatory. Although the number of mobile phone chargers had